USDCAD Short Trade *TRENDLINE BOUNCE*
Updated
Nice consolidation forming on USDCAD and now I think its ready to drop again.
Price has rejected the 1hr 50ema, Fib 0.382 retracement level and the bearish TL (3rd touch).
Looking for new lower lows to be made now.
Price has rejected the 1hr 50ema, Fib 0.382 retracement level and the bearish TL (3rd touch).
Looking for new lower lows to be made now.
Trade active
Comment
Nice bearish momentum candle. I will look to move my stop loss to breakeven soon to remove exposure.Trade closed: target reached
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